Originally Posted by
Gary02468 Sorry your S20 broke, but a phone doesn't "just bend" due to "luck". It bends due to strong force being applied somehow.
In the long run, on average, it costs less to pay for repairs yourself than to buy insurance. Otherwise, insurance companies would lose money instead of making a profit.
This is undoubtedly true. That said, if you don't want to set aside money for unforeseen repairs (like many) then insurance comes in. If you're going to opt for insurance, Asurion is a popular choice too. I think they cost ~$20-$25US/month so you have to calculate what you think a repair would cost and decide if insurance is the best route. Bear in mind, also, that many insurance plans have a deductible so you'd be coming out of pocket for some $$$ anyways...but not the $200+ that it might cost to have the screen or even the entire phone replaced.
Anothing ting to bear in mind is that you don't get the money you spent on insurance back. So, if you don't use it that money evaporates into a black hole.
With all this considered you may be better off just saving that $20-$25/month into a "maybe-gotta-fix-my-phone" fund if you have the discipline.
